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Search Results 0 to 19 of about 20 (some duplicates have been removed)
you need to start preparing your holiday budget. karen lee joins us at 2:00 eastern time to help us. at 3:00 dr. bill shows us how your birth order can affect your health and career. "your $$$$$" starts right now. >>> americans are counting on washington to fix the economy but public trust in the government is at an all-time low. welcome to "your $$$$$." i'm ali velshi. only 15% of americans today say they trust the government to do what's right always or most of the time. that's the lowest on record since 19 -- since the 1950s. robert rice professor of public policy at university of california berkeley, the author of "after show the next economy and america's future." bob, good to see you. thank you for being us. talk about not trusting government. you recently wrote the republican party wants to keep the economy lousy through election day. let me ask you, if the president is really serious about fixing this economy, wouldn't he have drafted a jobs plan he spoke about a few weeks ago that would be more likely to garner partisan support and get done. >> the problem the president is
of "aftershock, the next economy and american's future." bob, good to see you. thank you for being us. talk about not trusting government. you recently wrote the republican party wants to keep the economy lousy through election day. let me ask you, if the president is really serious about fixing this economy, wouldn't he have drafted a jobs plan he spoke about a few weeks ago that would be more likely to garner bipartisan support and actually get done? >> the problem the president is facing republicans have said no to basically everything so far. i think they will agree to certain provisions, certain tax cuts in the president's plan but it's going to be like pulling teeth for the president. when i said republicans want a lousy economy on election day, i certainly didn't want to paint with too broad a brush. it's not every republican. but undoubtedly the just say no policies of the republican party do tend to lead one to believe that a lot of republicans wouldn't mind a bad economy on election day because that is almost a sure way to get rid of president obama. >> there is a danger, though, with t
need something that gives us growth. some of it you can't control. somebody will discover something, the next steve jobs. we hope that will done. -- come. what can washington do? this is something washington can do if they do it the right way. >> let me say one last thing. if we had the 18% rate or whatever it is, i think on a competitive basis around the world, it would make america a very competitive place. >> yeah. give us another -- >> jobs would come to the u.s. >> why doesn't the united states do this. >> returning to the conversation, steven and i were having at the beginning, i think tax reform and tax simplification, even if it's not as perfectly simple as a flat tax, i think that's an area where you could have some real bipartisan support. one of the things you're seeing on the left right now, the grassroots left is a sense that big business and vested interest has been successful in gaining what stephen was talking about. the tax code has been a way that gaming has happened. >> we found something we can agree on. >> i like it. >> that kind of simplication -- >> they can l
network to call that recession. you told us when we were out of it. now you say we are either headed for a new recession or we're already in it. >> right. absolutely. this is based on the forward looking indicators of the business cycle. that's all we do is watch those indicators, monitor them. there's an overwhelming message when we look at those indicators that is consistent only with the new recession starting here. if you think back to 2008, when we made that call, then it was prior to the lehman crisis economists were looking backwards at gdp. and all they saw was positive gdp. >> once we saw the lehman crisis everybody was on board with the fact there was a recession. before that there was a question. >> correct. when you see gdp positive or jobs numbers positive, you say there isn't a recession and you get pushback. time will tell. >> harvard professor ken rogooff is chief economist for international monetary fund. you've been on the show before. your point of disagreement, you say a lot of people feel the recession never ended. now, we are four years away from the official st
and lindsay lohan. >> and her daddy. >> and her dad. you're going to keep us abreast of what's going on with the legal cases as well. >> absolutely. >> that's at 2:00, and later on this afternoon as well. i'm fredricka whitfield. thanks for hanging out with richard and i and the rest of the gang. right now it's time for your money. >>> simple solutions to complicated problems. if you want to know why simplifying the tax code is such a popular idea, take a look at this. this is the federal tax code, all 72,000 pages worth. i'm ali velshi. welcome to "your money." rick perry is proposing give you a tax choice. currently you can pay it under the cold or pay a 20% flat tax rate. the bottom line, most americans choose a 20%, and at the least this would amount to a tax cut for the wealthy. candy crowley is the chief political course it dent and anchor of "state of the union" on cnn. no one is sure what romney's proposal is, whether it's economically sound. after herman cain's success for getting attention for the 9-9-9 tax plan i can see why perry seized on the idea of a simple tax. i'm no
in the occupy movement. 20 protesters were arrested in these clashes in denver yesterday. police used pepper spray to control protesters after they ignored orders to remove their camping gear from a park. and i'll be back one hour from now for our political power hour. hear from the candidates on the 2012 presidential campaign trail. i'm fredricka whitfield. "your money" starts right now. >>> simple solutions to complicated problems. if you want to know why simplifying the tax code is such a popular idea, take a look at this. this is the federal tax code, all 72,000 pages worth. i'm ali velshi. welcome to "your money." governor rick perry is proposing giving you taxpayers a choice. essentially you can pay your current income tax rate under this code or skip the accountants and software and pay a 20% flat tax rate. the bottom line, most americans choose a 20%, and at the least this would amount to a tax cut for the wealthy. candy crowley is the chief police kp correspondent, and anchor of "state of the union" on cnn. no one is sure what romney's proposal is, whether it's economically sound. a
kinds of answers. call us for quick help opening your new ira. or an in-depth talk with a retirement expert. like me. stop by my branch for a free retirement check-up. retirement hows and how-muches? whens... and what-ifs? bring 'em on. it's free. you're gonna retire. and we're gonna help. retirement answers at td ameritrade. roll over your old 401(k) and get up to $500. >>> republican presidential candidate governor rick perry announcing this week he wants to overhaul the tax code with a flat tax. in his preview flat tacks aren't new. they have failed to move voters in past elections. this time will it work? >> many, many years ago i worked with steve forbes in 1996. he was a little bit ahead of his time. >> i think he's advising rick perry. >> i do think the time might be right. you need one of those situations where the stars are finally in line to get this done. the flat tax puts all the lobbyists, all the tax accountants and all the special interests in washington out of business. it gets rid of deduction, postcard tax return, very popular with people and gets rates down low. ma
is no longer working there. >>> all right. did you know you can negotiate your medical bills? the dolan join us at 2:00 eastern time to show us how. then at 3:00 eastern should you upgrade to the iphone 4s? that's coming up later. i'm fredricka whitfield. "your $$$$$" starts now. >>> while america may be on the verge of recession, are political leaders paying attention to jobs. teetering on the edge. a time when bipartisanship and cooperation are desperately needed in washington but instead both sides are accusing each other of playing politics. stephen moore, a good friend of the show, editorial writer with the "wall street journal." this week, as expected, president obama's jobs plan failed to pass the senate with an election in 2012, just over a year away, are we looking at another major overhaul in congress and perhaps the white house? are we looking at a situation when voters might say throw all the bums out? >> yeah, we are. i've been looking at these numbers. you have, too. i've never seen incumbents in washington so unpopular, even more unpopular than in 1994 when we had a big election
>>> at 4:00 look back at the training of the u.s. navy bombed tora bora as the war in afghanistan began 10 years ago. i'll be back in one hour. i'll be back in one hour. "your $$$$$" starts right now. -- captions by vitac -- www.vitac.com >>> millions of americans are still out of work. could things get worse before they get better? i'm ali velshi, welcome to "your $$$$$." the number has been rising steadily throughout the summer. the managing director for the economic cycle research institute. we sometimes think of him as our economic groundhog. when he's around a lot, it means there are months more of recession. when you came on this show very early in 2008, you were the first person on our show, on our network, to call that recession. you told us when we were out of it. now you say we are either headed for a new recession or we're already in it. >> right. absolutely. this is based on the forward looking indicators of the business cycle. that's all we do is watch those indicators, monitor them. there's an overwhelming message when we look at those indicators that is consistent o
Search Results 0 to 19 of about 20 (some duplicates have been removed)